The magic of Elon Musk’s tweet is that till yesterday his tweet had reached the skyline of the world’s most digital currency, today once again, his tweet has fallen after tweet.
The magic of Elon Musk’s tweet is that till yesterday his tweet had reached the skyline of the world’s most digital currency, today once again the tweet has fallen. Indeed, Tesla Inc has suspended the use of Bitcoin to buy its vehicles due to climate concerns. Tesla CEO Elon Musk said in a tweet on Wednesday that some environmentalists and investors have had to take this decision. Since then, there has been a decline in bitcoin.
Price dropped by more than 17%
Bitcoin is the world’s largest digital currency. It dropped more than 17% to $ 52,669 after Elon Musk’s tweet. Let us know that Tesla Inc. revealed in February that it had bought bitcoin for $ 1.5 billion and would soon accept it as payment for cars. Musk said that customers can buy their electric vehicles with bitcoins.
Musk said on Wednesday that Tesla would not sell any bitcoins and intended to use bitcoins for transactions as a mining transition to more sustainable energy. Musk said that we are also looking at other cryptocurrencies.
There is magic of these cryptocurrencies
These days, all the cryptocurrencies have captured the market. Interest of investors is increasing in them. From Bitcoin to Dogecoin, SHIBA, there is a steady increase in the value of all cryptocurrencies. Bitcoin has gained about 95 percent this year.
